Need a loan ?

Borrow between £100 & £3500
Simple online application

No Obligation, No Fees, No Fuss

Warning: Late repayment can cause you serious money problems. For help and advice go to

97% APR Representative

Representative Example: Borrow £1000 for 24 months.
Annual interest rate of 70% (fixed). 24 equal instalments of £77.48.
Total amount to repay £1,859.52. Rates from 45.3% to 1575% APR. does not make lending or credit decisions.
We are not a lender but a licensed credit broker and use a panel of lenders.

Our free quoting service compares the UK main instalment loan lenders we have carefully selected, to quickly find you the closest match to the loan required, by a reputable lender who will accept your loan application. The loan amount you are offered may vary depending on the lender who accepts the application. Any information on this website should be taken as opinion only.


By choosing you can enjoy the many benefits that we offer:

No Fees
Apply 24/7
100% Online
Easy Application

Instalment Loans offer online instalment loans from £100 to £3500, with repayment periods from 3 to 24 months. Money can be in your account in as little as ten minutes from the lender's final approval. Get your loan offer under no obligation and get your loan, your way, today.

What is an instalment loan?
An instalment loan is similar to an unsecured personal loan or a secured mortgage. The lender provides the applicant with an agreed amount of money, with interest added on top that the borrower repays over a set amount of time. Any loan repaid over time with a set number of scheduled payments – typically at least two - is an instalment loan. Repayment terms can be as little as a few months, or for mortgages, up to 35 years. Instalment loans may be secured (against property or a vehicle for example) or unsecured (just like a personal loan from your bank, building society or credit union).

In the UK, instalment loans are strongly associated with traditional consumer loans that offer customers access to instant cash, online or on the High Street. These loans provide a safe, secure and reliable source of credit, and are often more accessible to people with a poor or no credit history, than bank loans and other traditional forms of borrowing like credit cards or catalogues. Instalment loans are also considered to be a better choice of other shorter term and logbook loans, and can help people to manage their money more effectively.

Instalment loans are different from single payment loans and flexible credit facilities, as they are typically repaid over longer periods, meaning lenders have the ability to borrow larger sums. These loans come with lower interest rates than short term loans, making them more appealing to people looking to get a good deal on their loan.

However, as instalment loans are designed to help people who need access to instant cash, or people with bad credit, they may come with higher than average interest rates compared to mainstream lenders like banks. Repayment terms, loan amount granted and interest charged is also impacted by a number of things; such as the lender’s own criteria, the loan amount, and the borrower’s current circumstances. You should always make sure you read any loan agreement carefully before you agree to it to ensure the loan is affordable and that the repayments are manageable for your monthly budget.

As a safeguard with, by completing our loan offer form, you get to see all the details of any loan offered to you, without being under any obligation to proceed. This way, you stay in control and what's more, it gives you peace of mind.

How do I apply?

We have made the whole process of applying for a loan very easy - and with no paperwork to fill out. Just click the ‘Start Here’ button and then fill out our simple online application form, it only take a couple of minutes and you will get an instant decision.

Apply Now

Frequently Asked Questions

  • Am I eligible to get a loan?
    Loans will be available if you: Are at least 18 years old, live in the UK, are employed and receive a regular salary, have a valid bank account that accepts direct deposits.
  • Do I need a bank account?
    Yes you do. Using our online application process you can apply for a loan any time of day, seven days a week. Many lenders we work with are open outside bank hours and will often provide your approval and funds over the weekend.
  • Do I need to be a homeowner?
    No, your residential status does not prevent you from applying for a short term loan.
  • How long can I borrow for?
    Short term loans are typically for one month. Instalment loans are available for longer periods, up to one year.
  • How much can I borrow?
    Using this site you can borrow up to £3500
  • How soon could my loan be paid?
    Usually loans are paid same day and often within the same hour as the lender approves it. Some loans can be paid over the weekend also, but not in every case.
  • Is FCA Authorised?
    Yes, we are fully authorised and regulated by the Financial Conduct Authority. Information about this can be found at the bottom of this page.
  • Is my personal data secure?
    Yes, our applications forms use secure certificates ensuring that all data is transmitted with encryption.
  • What if I have past credit problems?

    It depends on what these are and when they were. Each lender operates varying accepting criteria. Our extended panel of lenders gives you the best chance of finding a lender who will accept your circumstances. In all cases if you are having difficulties at the time of application you should seek advice before requesting further credit.

  • Are there any hidden fees?
    Our service is free to use service, giving you access to a wide range of lenders. We do not charge any fee to you, the consumer.

Important information

Collection practices

Once you have received your instalment loan amount, if for any reason you think you will be unable to meet any arranged repayments, or if you think there will be any difficulty repaying any part of your loan, then you must contact the provider of your loan directly as soon as you become aware.

Contacting your lender will provide you with the best opportunity to perhaps reschedule your loan repayments or discuss further options in more detail to avoid adverse action. Changing repayments of your loan amount could incur further charges or interest, the details of which can only be discussed directly with the lender of your instalment loan. If no attempt is made to contact your lender and update them on any circumstantial changes or make the lender aware of any difficulty in paying back what you owe; they reserve the right to pass on your details to third party debt collections agencies or organisations that will attempt to recover the debt.

Lenders usually reserve the right to utilise the Continuous Payment Authority to continue to attempt to take payment from your card up to 90 days past your due date. This is only done if it is in line with the terms of your agreement. Please check your own Terms and Conditions on your signed loan agreement for details.

Non payment implications

  • Don't borrow money if you know you will struggle to pay it back
  • Don't ignore the situation, contact your lender as your first port of call

Please be aware that if do not repay your loan at the agreed date between yourself and your lender, this will result in your lender reporting your case to the Credit Reference Agencies and Credit Brokers; which may have a negative effect on your credit score. This may negatively impact your ability to obtain credit in the future for services such as car finance, mobile phone contracts or satellite TV subscriptions. If you default, you may be charged a collection fee (which varies from one lender to another), plus interest on the balance outstanding at the interest rate payable under the agreement. You must pay your lender any reasonable expenses and costs that may be incurred in taking steps to enforce (for example, via County Court Judgments), or attempt to enforce, the lenders rights against you under your agreement.

Instalment loan renewal policy

Your lender may be willing to renew your loan. If you wish to do this you should contact them as soon as you know. Our lenders generally charge the same or better rates for loans if you have successfully repaid a loan to them in the past. Remember our lenders have to check that you can afford any loan. Any decision you make regarding the renewal of a loan should be made with full consideration of all the costs and your situation at that time.

Late or non-payment could lead to further interest and/or charges being added to your account.

247 CashLine are the first port of call when you need a quick injection of cash in the month and to spread the repayments out over a number of months. This is a good alternative to a short term loans or payday loans. We have the ability to search our select panel of short term lenders in a matter of minutes, returning a decision to you within the same time.

Of course everyone is aware of the convenience that online loans offer in terms of how quickly you can get a decision. The 247 CashLine ethos is to offer that same convenience and speed offered by payday loans lenders but offer loans that leave you a little more breathing space with repayment.

Of course you will never find any hidden fees for our services and all loan applications will only be the first step in your loan approval. By simply submitting an application with us does not tie you into a loan agreement.

This is a misunderstanding some borrowers’ have. You will only be liable for a loan and repayment after agreeing to the loan contract and signing electronically online with your lender before receiving your cash.

Online loans over a longer period

A loan through is a great alternative to a short term loans because unlike traditional payday loans, you can pay back over a longer period, up to 60 months.

When you apply for an online loan with 247 CashLine you are not usually required to fax over any supporting documents such as bank statements or employer references. Our lenders are normally able to provide a decision, simply through submission of a basic 5-minute form.

Online loans through 247 CashLine are approved online and funded directly to your UK bank account. However, the repayment can be made over several months, rather than just one month.

We tend to find that instalment loans suits most borrowers as they have longer to repay. The decision to apply for a loan should be the result of consideration and full understanding of the loan terms within the agreement.

No obligation application

Providing you fulfil the simple eligibility criteria, you should have no problems with making an application. Just because you make an application, does in no way mean you will be accepted for a loan. This is the same process as when you apply for short term loans. Your initial application will be screened by the lender which is most likely to approve your application, based on the details that you have provided on your application.

If you meet all the criteria for a loan and your credit screening is successful, you will then be presented with the best available instalment loan for your circumstances. You are under no obligation to accept this loan offer and will not be liable for anything until a loan agreement has been signed.

So if you required a loan of £400 for example and are only offered £200, you are in no way obligated to take the loan offered and have every right to change your mind or not proceed.

How we use cookies